Is Yorkville, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Yorkville is a seller's market

Buyer's
Market

Difference Since May 2023

Since last year, Yorkville has remained a Seller's Market.

Key Takeaway

Yorkville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Yorkville, IL

How much do homes in Yorkville, IL cost?

Median Sold Price

$369,982

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$50,860(+15.9%)

Key Takeaway

Homes in Yorkville have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Yorkville was $369,982 in May 2024, up 15.9% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $137K$151K
+10.2%
2 $230K$249.9K
+8.7%
3 $289.1K$324K
+12.1%
4 $404.1K$420.9K
+4.2%
5+ $440.3K$541.2K
+22.9%

Summary: Yorkville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.2%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 12.1%, 4 bedroom homes increased by 4.2%, and 5+ bedroom homes increased by 22.9%.

Median Sold Price Compared To Nearby Cities

Yorkville
+15.9%
Kendall Township
+12.5%
Bristol Township
+11.7%
Oswego
+5.3%

Housing Supply in Yorkville, IL

How many homes are available in Yorkville, IL?

Number of Homes For Sale

Apr 2024May 2024CHANGE
165177+7.3%

Summary: The Yorkville real estate market had 177 homes for sale in May 2024, a 7.3% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 55
0.0%
2 2419
-20.8%
3 4256
+33.3%
4 8787
0.0%
5+ 710
+42.9%

Summary: The Yorkville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20.8%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 42.9%.

Number of Homes Sold

Apr 2024May 2024CHANGE
4841-14.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Yorkville, expect to pay close to the asking price. 43.9% of homes here sold near the asking price last month.

Summary: A total of 41 homes were sold or pending in Yorkville in May 2024, down by 14.6% month-over-month. Of the 41 sold homes, 34% were sold under asking, 44% were sold at asking, and 22% were sold over asking.

Days on Market for Yorkville, IL

How long does it take to sell a home in Yorkville, IL?

Average Sale Time

May 2023May 2024CHANGE
26 Days20 Days-23.4%

Summary: Homes in Yorkville had an average of 20 days on market in May 2024, down by 23.4% compared to last year.

Breakdown of Home Sale Times

31 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Yorkville are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 41 homes were sold in Yorkville; 76% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 8 Days Ago

Newest Listings in Yorkville, IL

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